getting delisted if share price is not over a dollar for 10 consecutive days within the next 180 days. i've bought all i can, even at this price. lets see if manny can pull another rabbit out of his hat!
Herbie, i was not talking to you. However, i am now. It is sad that KIPS has a business relationship with a Yahoo troll. Do not #$%$*k with the shareholders. Understand ?
You are (were) correct. This share price is has been and is being severely punished by Wall Street's 'ritual rape' of microcap names by hedge funds stomping on stocks dare they reaise money.. Happens again over my blackened dead body. Promise.
Key take away: "market for KIPS 'mesh. product at 10 X of cardiac pacemakers." So, while KIPS suffers from regulatory sclerosis and Wall Street's ritual rape.
This device has been approved for sale in Europe for some time. Failure to generate any revenue has been a major puzzle for me. Now we have established a baseline revenue run rate (sarcasm alert) of $1,200 from which the company can show rapid growth, no wait, almost infinitely rapid growth. Anyway, far better than zero sales which is where we were January 13.
It will get another 6 months. Search for Nasdaq Initial (and Continued) Listing Guides and see for yourselves. See last balance sheet (which Yahoo also has) for stockholder's equity. Market cap OK with recently added new shares. Since some have referred to reverse split on this board, I'm thinking that some potential buyers are unaware of Nasdaq continued listing criteria when price is